Moving iMage Technologies Projects $5.4 Million Q2 2027 Revenue

Moving iMage Technologies expects about $5.4 million in Q2 2027 revenue, with a 16-screen turnkey theater upgrade supporting its outlook. Management also cited potential cinema projects and traction at DCS, while noting integration, manufacturing and logistics challenges for DCS.

First-quarter revenue was $6.09 million, up 9.2%. President, COO and Director Francois Godfrey said two customer projects were accelerated into the period. Management said customer projects may move between quarters, sometimes by several quarters.

The company reported first-quarter net income of $181,000. Gross margin was 24.1%, down from 30% a year earlier. Management tied the decline to lower sales of high-margin accessories and higher transportation and input costs.